Yahoo Finance VEGOILS-Market factors to watch Oct 20
The following factors are likely to influence Malaysian palm oil futures and
other vegetable oil markets.
FUNDAMENTALS
* Malaysian palm oil rose on Friday, as traders snapped up deals after a two-day
selloff and bet on improving fundamentals over the weekend, but gains were
limited as some investors waited for clearer direction.
* U.S. soybean and corn futures each fell more than 1 percent on Friday as
clearing skies in the Midwest signaled a quicker pace in the harvest of
record-large crops and increased farmer selling, traders said.
* Oil prices rose slightly on Friday, bouncing from near four-year lows even
while marking a fourth straight weekly loss, as investors bought back into a
market they said was oversold, and as fighting in Iraq increased political risk.
MARKET NEWS
* World equity markets rallied, with European stocks surging the most in more
than two years, and bond prices slid on Friday as investors poured back into
beaten-down markets on solid U.S. corporate earnings and rising consumer
sentiment.
RELATED
> Soy, corn drop as harvest weather improves in U.S. Midwest
> Thailand moves to support rubber farmers, futures surge
> Cocoa pares gains as Ebola concerns ease slightly
> Hershey says U.S. cocoa stocks will last 'well into next year'
> Forecasters see wetter Brazil coffee, agricultural areas
> Informa raises forecasts for 2015 U.S. corn and soybean plantings
DATA/EVENTS
> Cargo surveyors Intertek Testing Services and Societe Generale de Surveillance
to release data on Malaysia's October 1-20 palm oil exports on Oct. 20.
Palm, soy and crude oil prices at 0631 GMT
Contract Month Last Change Low High Volume
MY PALM OIL OCT4 2102 -34.00 2098 2119 196
MY PALM OIL NOV4 2078 -35.00 2071 2093 4653
MY PALM OIL DEC4 2075 -36.00 2068 2091 13358
CHINA PALM OLEIN JAN5 5086 -138.00 5062 5198 687800
CHINA SOYOIL JAN5 5806 -164.00 5774 5928 646108
CBOT SOY OIL DEC4 32.15 -2.90 32.08 32.58 6361
INDIA PALM OIL SEP4 457.00 -2.90 454.20 457.90 183
INDIA SOYOIL OCT4 590.85 -6.55 590.20 593.00 22705
NYMEX CRUDE OCT4 91.82 -0.59 91.81 92.51 689
Palm oil prices in Malaysian ringgit per tonne
CBOT soy oil in U.S. cents per pound
Dalian soy oil and RBD palm olein in Chinese yuan per tonne
India soy oil in Indian rupee per 10 kg
Crude in U.S. dollars per barrel
* For a table on Malaysian physical palm oil prices, including refined oil,
Reuters Terminal users can double click on or type.
* To view freight rates from Peninsula Malaysia/Sumatra to China, India,
Pakistan and Rotterdam, please key in and press enter, or double
click between the brackets.
* Reuters Terminal users can see cash and futures edible oil prices by
double clicking on the codes in the brackets: To go to the next page in the same
chain, hit F12. To go back, hit F11.
Vegetable oils --
Malaysian palm oil exports --
CBOT soyoil futures --
CBOT soybean futures --
Indian solvent --
Weekly Indian vegetable oils --
Dalian Commodity Exchange --
Dalian soyoil futures --
Dalian refined palm oil futures --
Zhengzhou rapeseed oil --
European edible oil prices/trades --
